Hsbc Holdings PLC balance sheet HSBC

Annual Quarterly

As of Dec 31, 2025, Hsbc Holdings PLC had total assets of $3.23 trillion and total liabilities of $3.03 trillion. Total assets were up 7.2% from a year earlier. Stockholders' equity was $205.7 billion. It held $432.9 billion in cash and investments against $3.3 billion of total debt, net cash of $429.6 billion.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
Assets
Cash
432,887
-0.5%
434,940
-11.4%
490,933
-5.9%
521,671
-9.1%
574,032
+22.6%
468,323
+59.4%
293,742
-6.1%
312,911
-3.3%
323,718
Cash and investments
432,887
-0.5%
434,940
-11.4%
490,933
-5.9%
521,671
-9.1%
574,032
+22.6%
468,323
+59.4%
293,742
-6.1%
312,911
-3.3%
323,718
Property and equipment, net
9,615
+2.2%
9,407
-10.2%
10,478
+1.1%
10,365
+1.1%
10,255
-1.5%
10,412
-0.6%
10,480
+4.2%
10,060
+0.3%
10,027
Total assets
3,233,034
+7.2%
3,017,048
-0.7%
3,038,677
+3.0%
2,949,286
-0.2%
2,953,792
-1.0%
2,984,164
+9.9%
2,715,152
+6.1%
2,558,124
+1.4%
2,521,771
Liabilities and equity
Total liabilities
3,027,368
+7.2%
2,824,775
-0.7%
2,846,067
+3.0%
2,764,089
+0.2%
2,757,474
-0.8%
2,779,169
+10.2%
2,522,484
+6.7%
2,363,875
+1.7%
2,323,900
Stockholders' equity
205,666
+7.0%
192,273
-0.2%
192,610
+4.0%
185,197
-5.7%
196,318
-4.2%
204,995
+6.4%
192,668
-0.8%
194,249
-1.0%
196,224
Debt
Lease liabilities
3,320
+35.0%
2,459
-12.6%
2,813
+1.7%
2,767
-22.8%
3,586
-22.3%
4,614
+0.2%
4,604
—
—
Total debt
3,320
+35.0%
2,459
-12.6%
2,813
+1.7%
2,767
-22.8%
3,586
-22.3%
4,614
+0.2%
4,604
—
—
Net cash
429,567
-0.7%
432,481
-11.4%
488,120
-5.9%
518,904
-9.0%
570,446
+23.0%
463,709
+60.4%
289,138
—
—
Ratios
Debt to equity
0.02x
0.01x
0.01x
0.01x
0.02x
0.02x
0.02x
—
—
Return on equity
11.25%
13.00%
12.75%
8.77%
7.48%
2.98%
4.52%
7.73%
6.05%
Return on assets
0.72%
0.83%
0.81%
0.55%
0.50%
0.20%
0.32%
0.59%
0.47%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry
Savings Institution, Federally Chartered (SIC 6035)
Listed as
HSBC (NYSE), HBCYF (OTC)
Fiscal year ends
December 31
Headquarters
London, United Kingdom
SEC filer status
Large accelerated filer
SEC CIK
1089113
Former names
HSBC HOLDINGS PLC \ (until Oct 1, 2002)

Other Savings Institution, Federally Chartered companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.